agfeed

[orytek]

Going strong this week. Just broke through 5.

4372

[orytek]

I'm liking this one. The 52 week high is $17.14 so after today's jump might still be a good entry point at 5.15 for a good short or long term trade.

[madcowdisease]

Long-term I'm confident it is a respectable investment. After all, it's tied to feeding a country where 1.9 billion people are acquiring a taste for meat.

Short-term it needs to take a breather. It opened the week at $4.18 and as you mentioned closed at $5.15 for a weekly run of 23.2% on no news or earnings surprises. Without such a catalyst I'm cautious.

Here's something supporting the long term thesis from Seeking Alpha:

http://seekingalpha.com/article/130705-the-happy-three-chinese-smallcaps-with-big-potential?source=yahoo

[magictrader]

also look at GRO. Agria is more of a seed company, like a "Chinese Monsanto". But same long-term secular growth play.

Textbook 3-day pullback to 20-DMA, then blastoff. I don't think it will be under $2 again for a while.

http://chart.ly/assets/v5q94z.JPG

[Albert0373]

Having an awesome day, up nearly 20% to 6.15.

Great call, aiki!

[Florida]

Having an awesome day, up nearly 20% to 6.15.

Great call, aiki!

The 7 and 8 million share days back in March and April were igniting moves, but the 8 million share day today is an exhaustion move in my opinion. Watch for the rollover now.

Company is not worth 6 times as much today as it was 2 months ago.

[JacksonAK92]

I was lucky to get in on this a couple weeks ago thanks to a recommendation by aiki. Interesting commentary here:

That link was broken. You can find the video at the top of the news list here http://www.finviz.com/quote.ashx?t=FEED

I'm not going to make a trade based on that. My position in FEED is pretty small anyway, and what that guy says about FEED seems to be pure speculation to me.

[zombie]

Whats with the agro stocks this week? They've all been real laggards from the past few days,FEED,GRO,COIN have all been real snails. With the inflation looming large, i thought agro would be one sector that could set the house on fire..am i wrong in my assumption?

[madcowdisease]

Whats with the agro stocks this week? They've all been real laggards from the past few days,FEED,GRO,COIN have all been real snails. With the inflation looming large, i thought agro would be one sector that could set the house on fire..am i wrong in my assumption?

Assuming we get the inflation you're talking about I'll say you're correct in your assumption long-term. However, short-term, these things need to take a breather as does the whole damn market. Everything has been on fire for 3 months straight with barely a break in between trading sessions. A 5-10% correction would do us all some good. I'm not saying that is what is going on here but just it would serve to make the market a little more healthy

[zombie]

Assuming we get the inflation you're talking about I'll say you're correct in your assumption long-term. However, short-term, these things need to take a breather as does the whole damn market. Everything has been on fire for 3 months straight with barely a break in between trading sessions. A 5-10% correction would do us all some good. I'm not saying that is what is going on here but just it would serve to make the market a little more healthy

Yeah, i guess that makes sense. But having said that, we were most definitely over sold as well, also, compared to some of the asian markets, the 43% bounce back that we've seen from the bottom seems pretty meager,HangSeng is up almost 74%,Sensex is up a whooping 90%,SSE is up 65% and STI is up almost 70%,then again, the asian countries have better fundamentals than we do at this point i'd think, which probably explains why they have performed 50% better than we have so far.